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Crypto's Layoff List Grows as Anchorage Digital Reportedly Trims 17% of Its Workforce

Anchorage Digital, the first federally chartered US digital asset bank, has reportedly laid off 17% of its staff. Chief Executive Nathan McCauley told employees about the cuts this week, according to The Information. The report cited people familiar with the matter and tied the layoffs to a year-long crypto market slump.

Kamina BashirBeInCrypto · October 3, 2026 · 5h ago

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Key points

  • Anchorage Digital reportedly laid off 17% of staff, with CEO Nathan McCauley telling employees this week, according to The Information citing people familiar with the matter.
  • The report tied the cuts to a year-long crypto market slump; McCauley cited about 400 global staff in February 2025 congressional testimony.
  • Other firms cut jobs in 2026, including Gemini, Crypto.com, Coinbase, Dune, Luno and Bitwise, while BitMEX, Lisk and Blast announced shutdowns.

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